Dar Global, the luxury international real estate developer, started trading on the London Stock Exchange (LSE) on February 28, and became one of the first Saudi homegrown brands to list on the LSE’s main market.
Ziad El Chaar, CEO of Dar Global, says: “We have seen a lot of encouragement from the Ministry of Investment in Saudi Arabia to spread brands overseas. Our initial public offering (IPO) definitely created a lot of news … so many more companies may consider this route.”
